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Elimination of stepped up basis
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IN555
Posted 8/20/2024 15:39 (#10859216 - in reply to #10859199)
Subject: RE: Elimination of stepped up basis


NW Indiana
So if you had been getting paid all along instead wouldn’t you have had to pay income tax on it? So according to your story you are already benefiting from a deferred tax that would also be taxed at a reduced rate. Sounds like a hell of a win versus the guy earning a paycheck
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